Cannabis Central: Sector Increased By 2.3% On Tuesday
The total cannabis sector of 319 stocks increased 2.3% on Tuesday compared to the new Non-penny Pot Stock Index (NPSI) which advanced 1.6%. 18 of the 34 constituent stocks in the NPSI went up, 4 remained unchanged in value and the remaining 12 went down in price. The details are as follows:
The 10 Cannabis Stocks That Increased More Than 2.5%
- Rubicon Organics (ROMJF) +20.5%
- Planet 13 (PLNHF) +7.5%
- Tilray (TLRY) +6.9%
- GW Pharma (GWPH) +5.9%
- Medicine Man (MDCL) +5.4%
- Valens (VLNCF) +5.1%
- Ayr (AYRSF) +3.7%
- Akerna (KERN) +3.3%
- Neptune (NEPT) +2.7%
- Village Farms (VFF) +2.6%
The 4 Cannabis Stocks That Declined More Than 2.5%
4 Notable Mentions
For the record, as of today:
- 2 pot stocks trade above US$20/share,
- 2 trade between US$10 and US$20/share,
- 7 trade between US$5 and US$10/share and
- 23 trade between US$1 and US$5/share.
In addition, the market capitalization makeup of the NPSI, calculated by multiplying the number of a company's shares outstanding by its stock price per share, is as follows:
- Large-Cap (+US$10B): 0
- Mid-Cap (US$2B to US$10B): 3
- Small-Cap (US$300M to US$2B): 11
- Micro-Cap (US$50M to US$300M): 15
- Nano-Cap (Less than US$50M): 5
To see how the above stocks, and the others that make up the balance of the new Non-penny Pot Stock Index (NPSI), have done on a daily basis over the last 3 weeks, visit my previous articles here.
This article may discuss small-, micro- and nano-cap stocks so do your own careful due diligence. Visit more